Yves here. It’s important to keep shredding defenses of the Musk wrecking ball operation. If he really care about cost reduction, the Pentagon and related military spending would be top of his list. Why, for instance, yet not a peep...
By Lambert Strether Ruling on a late Friday request by 19 mostly Democrat State Attorney’s General in State of New York v. Donald J. Trump, Judge Paul Engelmayer of the Southern District of New York granted a temporary restraining order...
Up, up and away. Figure 1: EPU (green, right scale), 7 day centered moving average Economic Policy Uncertainty (brown, right scale), Trade Policy Uncertainty (green, left scale), 7 day centered moving average EPU (red, left scale). Source: policyuncertainty.com, matteoiacoviello.com. This...
Lambert here: If Bird Flu achieves human-to-human transmission, we won’t be having an origins controversy: We will have done it to ourselves as the outcome of an enormous experiment on the human population run by Big Ag, the USDA, and...
Scientists find whale song, human language share same structure CGTN I gave up my life in London to become a goat living in the Swiss mountains: Brit created prosthetic legs, ate grass, became accepted by the herd… and says they...
The Problem with Problem Sharks Nautilus (Micael T) Lost cities of the Amazon: how science is revealing ancient garden towns hidden in the rainforest Guardian (Kevin W) The birth of naturalism aeon (Anthony L) Alt Lit Sam Kriss (Anthony L)...
I review a very good new book on occupational licensing, The Licensing Racket by Rebecca Haw Allensworth in the WSJ. Most people will concede that licensing for hair braiders and interior decorators is excessive while licensing for doctors, nurses and...
Yves here. With Trump news consuming the air supply, it seemed useful to look at some of the wobbles among what passes for leadership across the pond. Pretty much no one expected Starmer to last very long. However, my impression...
Yves here. The need for and extent of Medicaid is a yet another symptom of how the US medical system is profit and not patient health driven. Here in Thailand, Thai hospitals (as in with Thai speaking doctors and therefore...
Michigan 1 year expectations at 4.3% vs 3.3% Bloomberg consensus. Figure 1: Year-on-Year CPI inflation (bold black), one year ahead Michigan (red), NY Fed (green), all in %. Source: BLS, U.Michigan and NY Fed. A one percentage point increase in...
